oti Appoints Leading Vending Machine Distributor, Nexus Machines, as Exclusive Distributor to the Iberian Peninsula Market

oti Appoints Leading Vending Machine Distributor, Nexus Machines, as Exclusive Distributor to the Iberian Peninsula Market

ROSH PINA, ISRAEL — (Marketwired) — 02/01/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, has appointed as its exclusive distributor to the Iberian Peninsula, which includes Spain, Portugal and Andorra.Founded in 1999, Barcelona-based Nexus Machines is a leading manufacturer and distributor of diversified vending machines, including food, beverage, electronics, and industrial to the Iberian Peninsula market. Since 2005, Nexus Machines h